Emergency oil stocks to flow in Asia – IEATricycle drivers wait for passengers at their terminal in Batasan, Quezon City yesterday. These plans indicate that stocks will be made available by IEA member-countries in Asia and Oceania immediately,” said the IEA. “Stocks from IEA member-countries in the Americas and Europe will be made available starting from the end of March,” it added. “The war in the Middle East is creating the largest supply disruption in the history of the global oil market” it said. Energy Secretary Sharon Garin emphasized that managing fuel supply is a shared responsibility, and the public must do its part to conserve stocks.

Source: Philippine Star March 16, 2026 16:07 UTC